“Re-Opening the Ming Copper Gold Mine”

Resource Investor Forum

September 2011

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Forward Looking Statement

RMM financial and operational press releases and presentations are available, together with Management’s Discussion andAnalysis and supplemental data about our property portfolio and other information, on the Company’s Web Site atwww.ramblermines.com

All Company audio, visual and written presentations normally contain forward-looking statements, including those identified bythe expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend” and similar expressions to the extent they relate tothe Company or its management. The forward-looking statements are not historical facts but reflect the Company’s currentexpectations regarding future results or events and are based on information currently available to management. Certainmaterial factors and assumptions are applied in providing these forward-looking statements.

Management believes that the expectations reflected in forward-looking statements are based on reasonable assumptions;however, management can give no assurance that actual results will be consistent with these forward-looking statements.Statements about potential discoveries or extensions of mineralization and deposits are examples of forward-lookingstatements. There is no guarantee that any discovery of commercial mineralization will be made on any of RMM’s properties.The material factors or assumptions that were applied in providing these forward-looking statements are contained in varioussecurity filings, including the Company’s MD&A contained in the 2008 Annual Report and quarterly MD&A’s, all of which areavailable on SEDAR at www.sedar.com and the Company’s website.

Undue reliance should not be placed on any of the Company’s audio, visual or written forward-looking statements. Further, aforward-looking statement speaks only as of the date on which such statement is made. The Company undertakes no obligationto publically update any such statement or to reflect new information or the occurrence of future events or circumstances,except as may be required under applicable security laws.

RMM’s qualified person, Mr. Larry Pilgrim, P.Geo, is responsible for verification and quality assurance of the exploration data andthe analytical results set forth in this presentation. RMM is in full compliance with all NI43-101 rules and regulations.

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Our Vision: “To become the leading mine operator …

… and resource developer in Atlantic Canada.”

Rambler Metals and Mining is a Junior Mining Company that has 100% ownership of the Ming Copper-GoldMine in Baie Verte, Newfoundland and Labrador, Canada. Through the experience of the board of directorsand key management we will continue to grow the company by expanding the existing resource, new projectdevelopment and property acquisitions.

Board of Directors and Officers

Harry Dobson (Chairman), George Ogilvie (CEO), Norman Williams (CFO), Peter Mercer (VP CorporateDevelopment), John Thomson, Brian Hinchcliffe, Merfyn Roberts, John Baker, Brian Dalton

Market Facts (Sept 12th , 2011)

Shares Outstanding: 123,292,778Options: 4,032,000Fully Diluted: 127,324,778Treasury Position: $ 7.5 M CADCurrent Share Price: $ 0.5152 Week Range: $ 0.40 / 0.80Market Cap: $ 63M

Rambler is dual listed on the TSX Venture and AIM markets

Company Profile

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Location

• Canada No Geo-Political or Socio-Economic Risk

• NL Mining Friendly Jurisdiction -Fraser Institute 2010 -2011 Ranking #13

• Growing Economy

• In Migration – Labour Pool

• Easy Shipping Access

• Baie Verte – Mining History & Heritage

• Infrastructure – Roads, Power and Airport

• Mine to Mill – 40Km (paved road other than last 6 Km)

• Mill to Port – 135 km (128 Km paved road)

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Construction - Mill

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Construction - Mill

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Construction - Mill

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Construction - Mill

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Construction - Mill

Commissioning October 2011

Flotation Rated for 1,000 mtpd

Designed with Expansion in Mind

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Construction - Port

Building Capacity 9,500 wmtFirst 5,000 wmt Shipment Scheduled for Calendar 1Q 20122 ½ Acre Site with Room for Expansion

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Phase I Production @ 630 mtpd ore

Historically

Mined Area

1807 Zone432 Kt @ 3.86% Cu & 1.75 g/t Au

1806 Zone349 Kt @ 0.61% Cu & 3.96 g/t Au

South Zone (upper)134 Kt @ 3.23% Cu & 1.12 g/t Au

Measured

Indicated

Inferred

All tonnes and grades are measured and indicated combined

South Zone (lower)

North Zone

N & S Combined1,108 kt @1.64% Cu & 2.24 g/t Au

Shaft

Ramp

Open at Depth

Exploration Drift

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Phase I – Production @ 630 mtpd

1807 Zone, 432Kt @ 3.9% Cu, 1.7 g/t Au, 7 g/t AgOpen up and down plunge

Performance Indicator (FY2012 only) Value (FY2012 only)

Net Revenue $42 M

Net Smelter Return $38M

Total Operating Expenses $23M

EBITDA $15M

Taxes* $0M

Cashflow from Operations $15M

Price Assumptions: Cu $3.50 per lb, Au $1,500 per Oz, Ag $38 per Oz*Rambler has C$75M in tax credits

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Phase II – Lower Footwall Zone

Lower Footwall Zone9,485 Kt @ 1.66% Cu & 0.09 g/t Au157,383 tonnes copper27,174 ounces gold463,914 ounces silver

Upper Footwall Zone365 Kt @ 2.73% Cu & 0.22 g/t Au9,972 tonnes copper2,601 ounces gold31,333 ounces silver

Shaft

All tonnes reported in the indicated category

Combined Footwall Zone Resource1.70 % copper, 0.09 g/t gold, 1.63 g/t silver

Contained Metal167,355 tonnes copper29,775 ounces gold495,247 ounces silver

Ramp

Open at Depth

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Phase II – Lower Footwall Zone

• Price assumptions of US $2.50 /lb copper, $900 /oz gold, $15 /oz silver.

• Exponential increase of contained metal at lower cut-offs, if higher prices used

Cut-OffQuantity

(000’s)

Copper

%

Gold

g/t

Silver

g/t

Zinc

%

Copper

Tonnes

Gold

Oz

Silver

Oz

Zinc

Tonnes

0.50 48,828 0.97 0.07 0.98 0.01 475,941 115,406 1,544,684 7,084

0.75 31,249 1.17 0.08 1.14 0.01 366,961 80,491 1,143,458 4,479

1.00 17,904 1.40 0.09 1.32 0.01 250,865 49,331 761,278 2,415

1.25 9,485 1.66 0.09 1.52 0.01 157,383 27,174 463,914 1,232

1.50 5,628 1.86 0.09 1.66 0.01 104,951 16,316 300,344 732

1.75 3,143 2.06 0.09 1.81 0.01 64,735 9,345 183,115 420

2.00 1,507 2.28 0.10 2.00 0.01 34,320 4,666 96,731 209

NI43-101 Resource March 2011.

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Phase II – Production Plan @ 2,000 mtpd

LFZ

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Next Steps

• Complete Construction of Concentrator and Port

• Commission Mine and Mill in October 2011

• Complete Off-take Agreement 2H 2011

• Ship First Concentrates in Calendar 1Q 2012

• Exploration including 1700L Gold Zone

• Preliminary Economic Assessment of Lower Footwall Zone (Phase II)

• Continually Assessing Strategic Opportunities for External Growth

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Rambler Metals & Mining PLCSalatin House, 19 Cedar Road Sutton, Surrey, SM2 5DATel: +44(0)1483 419942Fax: +44(0)1483 429255E-Mail: info@ramblermines.comwww. ramblermines.com

Rambler Metals & Mining Canada LimitedP.O. Box 610, Baie Verte, NL, A0K 1B0Route # 418, Ming's Bight Road, NL, A0K 3S0 Tel: 709-800-1929Fax: 709-800-1921

Our Vision is to become “The Leading Mine Operator

and Resource Developer in Atlantic Canada.”

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1700L Gold Zone - Location

Historically

Mined Area

1806 Zone349 Kt @ 0.61% Cu & 3.96 g/t Au

Measured

Indicated

Inferred

All tonnes and grades are measured and indicated combined

Shaft

Ramp

Open at Depth

1807 Zone432 Kt @ 3.86% Cu & 1.75 g/t Au

1700L Gold Zone

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1700L Gold Zone• Native gold discovered in new development face

returning 227 g/t (7.3 oz/t) gold over 4.50 m

• Historic stope grades ranging between 3 and

300 g/t (9.6 oz/t) gold. Average grade 39 g/t (1.3

oz/t) gold and 3.63% Cu

• Approximately 5,689 tonnes remaining in

accessible pillars. Average grade of 60 g/t (1.9

oz/t) gold and 2.02 % copper (RMM sampling)

• Discovered and mined in 1982 just prior to Mine

closure.

• 1700L to 1600L not fully mined.

• Open in multiple directionsNative Gold

Veinlets

1600L Drift

Mining FaceNative Gold227 g/t (7.3 oz/t) (4.50 m)

RMM DDH4.67 g/t Au over 7.6 m

RemainingPillars

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Satellite Deposit – Nugget Pond Crown Pillar

Tonnes Milled 7,283 tonnesAverage Grade 3.88 g/t AuTotal Cash Cost $401 per Oz AuMilling Recovery 95%Au Oz Recovered 1,053Net Profit (after tax) C$ 1.13M

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Satellite Deposit - Tilt Cove East Mine

Tonnes Milled 20,882 tonnesAverage Grade 1.79 g/t AuTotal Cash Cost $974 per Oz AuMilling Recovery 90%Au Oz Recovered 1,041Net Profit (after tax) C$ 720K

20,000 to 30,000 tonnes remain at site